Beautiful certificate from the George W. Young & Company, Inc. issued in 1917. This historic document was printed by the Broun Green Company and has an ornate border around it with a vignette of an eagle holding a shield. This item has the signatures of the Company’s President and Secretary, and is over 93 years old. It is also signed on the back by George W. Young.

Certificate Vignette

Certificate Vignette

Certificate Vignette

RHODES JOURNAL OF BANKING AND THE BANKERS' MAGAZINE CONSOLIDATED 1905

GEORGE W. YOUNG & CO.

With the growth of New York in financial importance, the field of private banking­already occupied by some of the strongest houses in the monetary world­becomes more and more attractive. Freedom from the restrictions of State and Federal banking laws affords a wider field of operations and greater possibilities of profits, without implying any necessary relaxation of the rules always imposed by considerations of safety. For, primarily, safety in banking is not a matter that can be assured by law. It depends chiefly upon the character of the management.

The head of the new private banking firm of Geo. W. Young & Co., New York city, has justly earned a reputation for financial sagacity. His achievements are of a kind entitling him to rank among the most successful bankers of the country. That these are not mere random statements is amply shown by the history of the United States Mortgage and Trust Company, of New York, under his management. From 1893 to the close of 1904, under his direction, the deposits increased from $3,228,658 to $30,269,789, and surplus and profits accumulated to the extent of $4,072,734. During Mr. Young's management the earnings of the company were in excess of $6,250,000; of this amount $2,250,000 was paid in dividends and $4,000,000 added to surplus account.

Mr. Young has had such a notably successful business career, that a brief record of it will be found interesting.

He was born of Scotch-Irish parentage in Jersey City, on July 1, 1864, and attended the public schools of that city, afterwards taking the evening scientific course at Cooper Union.

At the age of thirteen, he entered the employ of the law firm of L. & A. Zabriskie as an office boy, and subsequently, for a time, studied law.

Shortly after, he secured a position in the Hudson County Bank, of Jersey City, and when only eighteen was promoted to the position of receiving teller. At this time he successfully passed a competitive examination for a cadetship at West Point, and received his commission from President Arthur; but the death of his father rendered necessary his retaining his position in the bank.

When barely past his majority, he became Secretary and Treasurer of the New Jersey Title Guarantee and Trust Company. At twenty-eight he was elected Second Vice-President and Treasurer of the United States Mortgage Company (now United States Mortgage and Trust Company), and at the age of twenty-nine was chosen its President; commanding recognition at once as not only one of the youngest but one of the most able New York leaders in the world of business and finance.

The results of his management of this company have been referred to above.

On March 30, 1905, Mr. Young resigned as President of the United States Mortgage and Trust Company, to found the banking house of Geo. W. Young & Co. He continues, as chairman of the board of directors, to give the company the benefit of his knowledge of Investments and his wide experience in financial affairs. On his resignation as President, the board of directors of the United States Mortgage and Trust Company adopted the following:

"Whereas, Mr. George W. Young, who for the past ten years has been President of this company, now declines to be a candidate for re-election, we desire to spread the following resolution on the minutes:

Resolved, That we recognize the exellent, energetic and intelligent services which Mr. Young has rendered the company during his incumbency, and we feel that the high position which the company has attained has been in large measure owing to his earnest efforts and untiring devotion.

Resolved, That in recognition of his services to this company, he be elected chairman to preside at the meetings of the board for the ensuing year; also,

Resolved, That we tender Mr. Young our best wishes for success in the banking firm which he has established."

The estimation in which he was held, not only by his official associates but by the employees of the company, was evidenced by the presentation to him of a handsome chiming clock, every one in the service of the company uniting in the testimonial. At a dinner, given by Mr. Young, about one hundred officers and employees were present to express their good will.

Mr. Young is a member of the Country Club of Lakewood, Deal Golf, Downtown, Lawyers', Manhattan, Maryland, Metropolitan of Washington, Players', Racquet and Tennis, Riding, and Rockaway Hunting Club.

In November, 1889, Mr. Young married Miss Natalie Bray, of Jersey City, and their children are Dorothy and George Washington, Jr.

Besides their New York residence, they have a charming summer home, "Oakwood Farm," adjoining the Deal Golf Club at Deal Beach, of which club Mr. Young is President.

When Mr. Young established the firm of Geo. W. Young ft Co. he purchased the Stock Exchange seat of Bayard Dominick, Sr., paying $83,000 therefor.

It may be regarded as certain, in view of the honorable and successful record already made by Mr. Young, that his firm will become among the strongest and most successful in the city.

Who's who in finance, banking and insurance - 1911

YOUNG, George Washington

Banker; born Jersey City, N. J., July 1, 1864; son of Peter and Mary (Crosby) Young; educated in public and high schools of Jersey City, N. J., and Cooper Union of New York: married, twice; second marriage at London, England, July 20, 1000, Lillian Nordlca; children: Dorothy and George Washington, Jr. (by former marriage). Receiving teller Hudson County National Bank at the ase of 18; became secretary and treasurer of the New Jersey Title Guarantee and Trust Co., at the age of 21; at 28 became vicepresident of the U. S. Mortgage and Trust Co., and at 30 its president, which position he resigned In 1005 to take up private banking under the firm name of George W. Young & Co., of which he Is senior member. Now president and director Consolidated Palo Amartllo Rubber Co., Continental Development Co.: vice-president and director Audit Co., of New York, Mechanics Trust Co., of New Jersey, Union Gas and Electric Co.. Cincinnati, Ohio.; secretary, treasurer and director O'Rourke Engineering Construction Co.; director Cincinnati, Hamilton & Dayton Railroad, City and Suburban Homes Co., Commercial Trust Co., of New Jersey,

We will always maintain our founding commitment to customer satisfaction and the delivery of an educational product with an enjoyable shopping experience. Please
let us know how we may be of service to you.

Note:
All Old Stock and Bond
Certificates are actual authentic certificates and are sold only as collectibles.
We do not sell reproductions and offer a lifetime guarantee to the
authenticity of everything we sell.